Crypto-friendly El Salvador mines first bitcoin with energy from volcanoes

October 2, 2021

El Salvador has officially mined a tiny part of its first bitcoin using the power harnessed from a volcano, President Nayib Bukele announced a month after his country adopted the cryptocurrency as legal tender.

The mining operation, run by the state-controlled energy company LaGeo SA de CV, managed to generate 0.00599179 bitcoin, or about $269, using geothermal power from volcanoes, Bukele tweeted.

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